Lanxess AG (LXS.DE) Stock

About Lanxess AG

LANXESS Aktiengesellschaft, a prominent specialty chemicals firm, is engaged worldwide in the development, production, and sale of chemical intermediates, additives, specialized chemicals, and plastics. The company's operations are divided into four primary segments: Advanced Intermediates, Specialty Additives, Consumer Protection, and Engineering Materials. The Advanced Intermediates division supplies sophisticated industrial intermediates, fundamental and refined chemicals, organometallic compounds, and inorganic pigments, catering to industries like agrochemicals, automotive, construction, flavors and fragrances, semiconductors, photovoltaics, and color pigments. The Specialty Additives segment provides various specialized additives, including lubricants, flame retardants, plasticizers, and bromine derivatives, for applications in rubber, plastic, paint, construction, and electrical sectors. The Consumer Protection segment offers products for material preservation, disinfection, hygiene, and preservation, alongside flavors and fragrances, and precursors for the agrochemical, pharmaceutical, and specialty chemical industries. It also delivers technologies for water and liquid treatment. Finally, the Engineering Materials segment produces high-performance plastics, glass fibers, fiber composites, and urethane-based elastomers, which find use in the automotive, electrical/electronics, construction, medical, and sports and leisure fields. Founded in 1863, LANXESS has its headquarters situated in Cologne, Germany.

Lanxess AG is led by CEO Matthias Zachert, employs 11,709 people, headquartered in Cologne, DE, publicly traded since 2000.

over the past 52 weeks the stock has ranged between $11.03 and $25.88, and currently trades 38.4% below its 52-week high.

Official website: lanxess.com